Blue Bear Capital

Blue Bear Capital is a venture capital firm founded in 2016 and based in California. It specializes in investing in early- and growth-stage companies that apply AI and data-driven technologies to energy infrastructure, as well as ventures in energy, renewable energy, industrials, and climate-focused tech. The firm targets opportunities in the United States and Western Europe, spanning grid modernization, sustainable energy production, energy-intensive manufacturing, transportation and logistics, and climate resilience. Blue Bear Capital supports information technology and TMT-enabled solutions that advance energy systems, grid reliability, and decarbonization, funding startups that address climate challenges with technology and analytics. The firm positions itself as a focused partner for companies operating at the intersection of energy and technology, offering strategic capital to accelerate deployment of clean energy and grid innovations.

Vaughn Blake

Partner

Carolin Funk

Partner

Ernst Sack

Partner

Past deals in Risk Management

Delos Insurance

Series A in 2024
Delos Insurance is a digital property insurer serving homeowners in catastrophe-prone regions where traditional carriers are scarce or expensive. The company addresses underwriting challenges driven by low-resolution catastrophe models that cause insurers to pull back from high-risk markets. Leveraging deep expertise in data science and aerospace engineering, Delos develops high-resolution catastrophe models and a home risk-rating system to improve risk assessment. Its platform combines climate and catastrophe modeling with patented artificial intelligence risk models to underwrite comprehensive policies and deliver risk-mitigation services where others have exited. By actively managing client risk and innovating on product design, Delos helps homeowners prepare for likely perils and obtain more reliable coverage in high-risk areas.

Urbint

Series C in 2024
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Demex

Series A in 2024
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.

Delos Insurance

Seed Round in 2023
Delos Insurance is a digital property insurer serving homeowners in catastrophe-prone regions where traditional carriers are scarce or expensive. The company addresses underwriting challenges driven by low-resolution catastrophe models that cause insurers to pull back from high-risk markets. Leveraging deep expertise in data science and aerospace engineering, Delos develops high-resolution catastrophe models and a home risk-rating system to improve risk assessment. Its platform combines climate and catastrophe modeling with patented artificial intelligence risk models to underwrite comprehensive policies and deliver risk-mitigation services where others have exited. By actively managing client risk and innovating on product design, Delos helps homeowners prepare for likely perils and obtain more reliable coverage in high-risk areas.

Demex

Venture Round in 2023
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.

Demex

Series A in 2021
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.

Urbint

Series C in 2021
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Urbint

Venture Round in 2021
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Mission Secure

Series B in 2021
Mission Secure, Inc. is a cybersecurity firm specializing in the protection of operational technology and control systems for critical industries such as oil and gas, power, chemicals, and defense. Established in 2014 and headquartered in Charlottesville, Virginia, with additional offices in Houston, Texas, and Cheltenham, United Kingdom, the company has developed the MSi Platform, which provides comprehensive cyber defense solutions. This platform integrates features such as visibility, segmentation, protection, threat hunting, and incident response, thereby delivering robust security against cyber threats, supply chain risks, and insider attacks. Mission Secure’s offerings are designed to be user-friendly, allowing non-IT professionals to effectively manage and deploy cybersecurity measures, ensuring that essential operations remain safe and uninterrupted. The company has formed a strategic partnership with Comodo Cybersecurity to enhance its service capabilities.

Urbint

Series B in 2020
Urbint is a technology company that develops a field risk management platform aimed at enhancing safety for workers and critical infrastructure. By utilizing real-world data and artificial intelligence, Urbint's software predicts potential threats, providing decision-makers with insights about risks up to a week in advance. This proactive approach allows utilities and infrastructure operators to take timely actions to prevent incidents, thereby protecting their workers, assets, and the communities they serve. Many leading energy and infrastructure companies in North America rely on Urbint's solutions to ensure a safer and more resilient operational environment.

Mission Secure

Series A in 2018
Mission Secure, Inc. is a cybersecurity firm specializing in the protection of operational technology and control systems for critical industries such as oil and gas, power, chemicals, and defense. Established in 2014 and headquartered in Charlottesville, Virginia, with additional offices in Houston, Texas, and Cheltenham, United Kingdom, the company has developed the MSi Platform, which provides comprehensive cyber defense solutions. This platform integrates features such as visibility, segmentation, protection, threat hunting, and incident response, thereby delivering robust security against cyber threats, supply chain risks, and insider attacks. Mission Secure’s offerings are designed to be user-friendly, allowing non-IT professionals to effectively manage and deploy cybersecurity measures, ensuring that essential operations remain safe and uninterrupted. The company has formed a strategic partnership with Comodo Cybersecurity to enhance its service capabilities.

Mission Secure

Funding Round in 2017
Mission Secure, Inc. is a cybersecurity firm specializing in the protection of operational technology and control systems for critical industries such as oil and gas, power, chemicals, and defense. Established in 2014 and headquartered in Charlottesville, Virginia, with additional offices in Houston, Texas, and Cheltenham, United Kingdom, the company has developed the MSi Platform, which provides comprehensive cyber defense solutions. This platform integrates features such as visibility, segmentation, protection, threat hunting, and incident response, thereby delivering robust security against cyber threats, supply chain risks, and insider attacks. Mission Secure’s offerings are designed to be user-friendly, allowing non-IT professionals to effectively manage and deploy cybersecurity measures, ensuring that essential operations remain safe and uninterrupted. The company has formed a strategic partnership with Comodo Cybersecurity to enhance its service capabilities.
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